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New COVID-19 relief for Canadians with disabilities

New COVID-19 relief for Canadians with disabilities

A one-time $600 tax-free payment will be available to Canadians with disabilities.

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Finance has announced additional relief for Canadians with disabilities, who will automatically receive a one-time, tax-free payment of up to $600 to help offset any cost increases due to COVID-19. According to a news release issued on June 5, 2020, individual taxpayers with a valid Disability Tax Credit certificate as of June 1, 2020 will be eligible for this automatic payment.

This payment to Disability Tax Credit certificate holders will be calculated as follows:

  • $100, if the individual taxpayer is eligible for the Old Age Security (OAS) pension and the Guaranteed Income Supplement (GIS)
  • $300, if the individual taxpayer is eligible for the OAS pension
  • $600, if the individual taxpayer is ineligible for both the OAS pension and the GIS

Seniors who hold a valid Disability Tax Credit certificate will receive a total of $600 in special payments once this relief is combined with the special payments of $300 for Canadians who are eligible for the OAS pension and the additional $200 for those eligible for the GIS (see TaxNewsNow, "Additional COVID-19 relief for seniors").

It is not clear when legislation will be in place to allow the government to facilitate this one-time payment. While legislation was tabled on June 10, 2020, the bill has not yet moved past first reading.
For more information, contact your KPMG advisor.

Information is current to June 16, 2020. The information contained in this publication is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's National Tax Centre at 416.777.8500

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